Answer:
The company should increase the number of units she is producing
Explanation:
Since the elasticity of demand for the product is greater than one (1.4), it means the demand for the new drug is elastic, meaning the demand for the new drug is sensitive to price – the higher the price, the lower the quantity demanded and the vice-versa. So the pharmaceutical company should be careful of charging higher than the other competitors.
What the company needs to do to increase its revenue is to produce large quantity of the drug in order to earn higher and gain larger market share and probably economies of scale.
For example, If the company produces 400 units of the drug at $2, the revenue will be $800.
To increase the revenue, the company needs to increase its production.
For example, the increases the production to 500 units at the prevailing price of $2, therefore, the revenue will be $1000
Answer:
Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.
Explanation:
Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.
However, the situation is tricky here since he is not the owner of the car.
The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.
If his friend has a car insurance, that will cover for the damages as well.
And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.
Answer:
Check the explanation
Explanation:
When it comes to journal entry, it involves keeping or making or creating records of whichever transactions either an Economic transaction or a non economic one. The transactions are scheduled in an accounting journal which reveals an organization’s credit and debit balances.
The diagram showing the journal entry for recording the issuance of the shares can be seen in the attached image below.
Answer:
अपना घर बनाने का सही ठ।उ ढूंढ रही थी
